here. i'll say one thing about maryland law enforcement. there's no other place in the country, and i'm biased, that does this thing better than maryland public safety. we really have come together as a team to ensure that this great city is protected. i do know that the sheriff's department has made a couple of arrests. i'm not sure of the exact nature of those arrests. i'm sure that's something they'll be addressing as the night moves on. >> -- in west baltimore tonight? >> we have many strategies in place, in west baltimore, east baltimore, north and south, to ensure that the peace is kept. i intend to visit best baltimore later tonight. there's been groups of faith-based folks, holding hands, speaking with one another, saying prayers for this great city and i intend to join them later tonight as a show of unity and a show of peace.
[ all speak at once ] >> have you requested any additional help from federal authorities tonight? >> we have an incident command structure. the office the emergency management which plays a vital role. maryland law enforcement has come together in a very unique way. we're not a big state. but we're big in terms of our fraternalism with one another. and every one across the state, every jurisdiction, every county across this state has really stepped up and has pledged to protect this great city that really defines maryland in so many special ways. so it's a great partnership. >> mayor, what do you say to the protesters and others who feel that this is just another sign of things that have happened in the past, that there's no equal justice, that they feel discouraged by what's happened today? what do you say to them? >> i would say that we have to respect the process. when we ask -- let me start by
saying this. the protesters were very clear that they supported this trial being held in baltimore city. that means that they put the case in the hands of baltimore city residents. 12 baltimore city residents answered that very solemn call to serve, to hear this case and to make a decision. they did that. and we have to respect that. if we think that the process will be able to continue in baltimore city. we have to respect the process. justice is not a verdict. justice is a process that we have to protect. >> in terms of what we've seen on social media, people are tweeting and so forth about baltimore city being on edge. what you have seen today, how would you characterize baltimore city in terms of its response? >> i would say that baltimore city is prepared. i think in effort for some of your peers to have something to say about what's going on in baltimore, they have characterized us as on edge.
i've been very clear that we're prepared for whatever happens and you know, i think what you're seeing today bears that out. >> how many police officers are in baltimore city today from various agencies? >> we're not going to get into the exact numbers, because that's part of our strategy, but there are enough people here, law enforcement, public safety, to serve as peacekeepers to protect this great city. >> do you have federal officers as well as state officers? >> federal law enforcement agencies play a role. obviously their roles are different and our partnerships with them continue. but this is a local law enforcement, public safety effort. and so as we serve as peacekeepers, we're doing it not only with our partners throughout the state of maryland, we're doing it with our community. so you see them out at north and penn the last couple nights, you'll see them out there again tonight, i'm sure. but the community is the biggest partner as we move forward in
the days ahead. >> thank you very much. if we have the need to hold any additional press conferences, we'll announce those via twitter for our people who have come in town, for our local media, they will get their normal e-mails that we get, but for people from outside of town, it will be announced on our baltimore police twitter handle. >> you have been listening to a press conference there from the baltimore police commissioner, reacting to the news that the judge has declared a mistrial in the case against baltimore police officer william porter in the death of freddie gray. now as that press conference was happening, freddie gray's family attorney and freddie gray's mother were holding a press conference as well. we have some tape of it. let's send you to it. >> says nothing about whether a verdict can be reached in a second trial. nor does it say anything about whether a verdict can be reached for any of the other officers. each officer has his own trial. each officer's evidence is going
to be different. and we can't predict what a jury's going to do based on a hung jury. we just can't do it. [ inaudible question ] >> no, i don't know how the new trial will be scheduled, whether it will bump any of the other trials or whatever. we won't learn that until tomorrow. and that will be public. >> is the family -- i know you said they're not upset. are they disappointed somewhat? >> they're only disappointed that there was no verdict. again, the family's position has always been that they want justice. and they know that the only people in a position to bring about justice are that judge and that jury. and you have heard that that jury could not reach a verdict. and you know now that that doesn't mean anything about the future. so no one should take away anything other than this jury tried and couldn't get the job done, even though they worked hard, and even though they worked in good faith, and even
though they represent a cross section of the community. [ inaudible question ] >> no. the mistrial doesn't mean that it's going to be tough to get a verdict in baltimore city. it simply means that this group of 12 people couldn't reach a verdict in baltimore city. [ inaudible question ] >> there's no reason to move the trial. the judge correctly found a fair and impshl jury could be picked and one was picked. the notion that this case should be moved is a dead issue. the judge has spoken, we should all respect his decision. >> no more questions? >> if you think an elderly gentleman and you place him in the back of a paddy wagon in
handcuffs, would he get a rough ride and if he got a rough ride, whether he could possibly have a broken spine that he could die from, or would he just come up with bruises, maybe a broken shoulder? >> i don't think it would be fair for me to comment on that question or give an answer to that question. because everybody needs to remain calm. this is not the time to speculate. there's too much at stake. this is a great city, and it isn't great for everybody, but i'd rather die and go to hell than not continue fighting to make this city great. and that's what we ought to be about, making this city a great place for everybody to live in. and the hot heads out there out to stand down, because it's not your time. we all have a stake for these businesses to remain open, that the city is vibrant and healthy, and that life goes on for the 99% of the citizens who had nothing to do whatsoever with
what happened and who want to go ahead with their lives. >> thank you. >> all right, we dipped into it in the middle of this press conference, a part that you did not hear. i want to repeat one line that you didn't hear there from the family attorney. he said, we are calm. you should be calm. and then of course you heard a lot of form of that message throughout the end of that press conference there. so that was the family attorney for freddie gray talking just now. here's what we can tell you. let's bring you up to speed. the judge in the case of the police officer william porter, declared a mistrial. the jury could not reach unanimous agreement on any of the four charges in this case. porter is the first of six police officers that are set to be tried in the death of 25-year-old freddie gray last april? porter faced manslaughter and assault with a sentence of up to 25 years in prison if convicted on all counts. the jury deliberated and told the court they were deadlocked
yesterday. but the judge sent them back to deliberate a tliblittle bit lon. an administrative hearing will be held tomorrow to determine a new court date. porter will not be in attendance for that hearing. the mayor issued a statement following the announcement. saying it would be up to the state's attorney, marilyn mosby to determine whether to pursue criminal charges. the family does expect there to be a new trial for officer porter. the mayor acknowledged the constitutional right for peaceful protests and said the city was prepared to respond to any disturbance. at this hour, there are a small group of protesters that are gathered outside the courthouse. the jury has been escorted away from the courthouse by police. joining me now, ari melber and joy reid. ari, let's start with you on the legal aspects of this. first of all, have we learned
yet how many of the members of the jury did not go along with a guilty verdict? >> we have not seen that emerge yet and we may not. typically, that's the kind of information we might have, but there has been a lot of concern about leaks of information, and indeed there's a gag order that continues to function for all the lawyers involved and other people in the court, because these six trials are linked. so that's another piece of the information flow that we would usually have, but because of that gag order we don't have. so we just don't know. all we saw in covering this today was members of that jury escorted out. getting into a car and leaving. we're looking now at those live shots in maryland as the sun goes down here 5:00 p.m. on the east coast and really scattered people in the streets, but no indications of any great unrest or crowds yet, which is a contrast, of course to the very serious unrest we saw after this incident first came to light with freddie gray's death in
april. i will tell you a couple highlights here on the law. number one, a mistrial as a matter of law doesn't tell us anything. it's not a guilty verdict, nor is it a not guilty verdict. it's the basic outcome when the 12 people on that jury cannot agree. so as a legal matter, it doesn't tell us much of anything about what would happen if this case were retried as you might expect. you do the whole thing over and it doesn't tell us legally about what would happen in the ensuing five trials. that's the law. now let's talk about reality. i can tell you, chuck, that on the reality check here, this case was supposed to be the strongest one, according to prosecutors. that's why they led with it. they felt they had strong evidence against officer porter, including what they characterized as inconsistencies in his statement. so basically it is important to recognize that in a case where the prosecution thought it was going to come out best, they couldn't carry the day with those 12 jurors. they could get a do-over and still get a guilty verdict on
some or all of these charges, legally that's open. but it's a blow in some sense to the prosecution if you figure, well, this was supposed to be their strongest case. >> joy, you've been covering this story from the very beginning. is this a case where you feel as if the prosecution over-promised? or is this just, you know, bad luck with a bad jury? >> well, i don't think there's a sense of whether there was an over-promise. i can tell you on may 1st when the charges were announced, and the indictments against the officers were announced, there was a sense of almost euphoria on the streets of west baltimore, in the predominantly african american portion of a predominantly african american city. a lot of the unrest in baltimore and other cities as well is a sense of frustration at the futility of attempting to get justice for these families when someone dies at the hands of a police officer. so i think the surprise for people was that charges were brought at all.
that didn't speak to what people thought the outcome would be. so you definitely had a sense of confidence and gratitude for attempting to mount these charges. of course it's always difficult to convict a police officer. it's rare they're ever charged in the death of a civilian. even more spectacularly rare that they're convicted. i think it's important to impress upon people how incredibly rare it is for a police officer to be convicted in the death of a civilian in their charge. it almost never happens. as attorney billy murphy was saying, this is not an acquittal of this officer. it's one of six trials and it means that a jury of 12 people, 8 of whom were african american, 4 of whom were white, were unable to agree as to the charges. do you feel there will be political pressure on marilyn mosby to refile? >> i can tell you if marilyn mosby was a prosecutor who went with the politics of this, there
would be more, you know, it would be a different situation. he doesn't strike me as somebody who is particularly looking at that. because she outraged the police unions when she filed these charges and typically even democratic prosecutors tend to not file on officers or tend to throw it to a grand jury. so i think if he was a politics prosecutor, she might have empanelled a grand jury as so many do. she went head long against the police union in this instance o so i don't think that's what she'll be thinking about. the biggest trial which will be of the driver, he faces the most serious charges, a depraved heart murder. that's actually the biggest case. interestingly enough, the attorneys for william porter, according to all of the local coverage were arguing that it was the driver's responsibility, not william porter's. that was part of their defense.
so it's interesting to see whether or not the prosecutor decides to retry porter again, because that would help their biggest case, or whether they go right on to the next case, which would have been of the driver. >> ari? >> i think it's a great question. procedurally, they'll have to make that call quickly, but there's a good argument they might want to move on, and then come back on a schedule for this rehearing a mistrial. we don't expect them to just drop it. i will say, though, on the charges themselves, there's manslaughter, which is serious. the driver faces second-degree murder. but let's be clear, they couldn't get a unanimous verdict on the lowest charge on the screen, reckless endangerment, which is simply a question, check, of whether legally the treatment of this individual, freddie gray was reckless endangerment of his life. that is, did they put him in danger of injury? a lot of people would look at a situation where someone winds up
dead in the back of a van without being seat belted in and say, sounds like endangerment. but i'll just say, this officer porter did well with the jury in his hours of testimony and sharing his side of it. >> and just to answer what ari said, the questions that the jury asked the judge to repeat to them, the meaning of evil, motive and bad faith. i think that's what this came down to, that whatever william porter did, he did deliberately. >> thank you both. we'll have any updates from baltimore as we get them throughout the hour. up next on this wednesday edition of "mtp daily," we'll break down the hits and misses of last night's feisty republican debate and where the candidates go from here after their holiday break. stay with us. the radiant glow of being in love.
debate in las vegas. but earlier today fbi director james comey clarified that the couple did not post publicly about jihad on facebook as previously reported. >> those communications are direct, private messages. so far in this investigation, we have found no evidence of posting on social media by either of them at that period of time and thereafter reflecting their commitment to jihad or to martyrdom. >> so all those calls for a new visa policy, based on social media, i'm guessing we wouldn't have had if we had this information beforehand. we also learned today president obama will make a stop in san bernardino on friday, on his way to hawaii for his holiday vacation. the president will meet privately with the families of the victims, as the community works to move forward. we'll be back with more on "mtp daily" including the big
take-aways from last night's debate. we'll be right back. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivative pricing model, honey? for all the confidence you need. td ameritrade. you got this. >> well, the republican presidential candidates gathered in vegas to get in their voice
in their last debate of 2015. today, donald trump says his popularity solidifies his place in the party. >> they're saying, are you going to run as an independent? i said i just got a poll where i'm ate 41 and other guys are are at 2, and 3, and 7. doesn't make a lot of sense, oh, i think i'll leave now and run as an independent. >> trump is doing that rally at an airplane hangar. didn't even bother getting into mace mesa, arizona. >> trump enters the debate as a widely condemned front-runner. his idea to ban muslims from entering the united states, we thought would be the big fodder, but most candidates decided not to attack him. >> did you make a conscious decision not to engage with donald trump? did you say i'm just going to let this play out and stay above
the fray? what was your thinking while there was going on? >> my thinking was the most important thing is to remember that our adversary, our real adversary was watching from chappaqua, new york. it's hillary clinton. it wasn't, i think, in the interest of our party or for our country to get in these minor dust-ups and scraps that these guys get into, talking about the petty things they're discussing among each other. >> so a week later, it's just a minor dust-up with donald trump. only jeb bush and rand paul decided to go after trump, with low poll numbers, perhaps it was an easy decision. bush finally showed some strength on stage when he took on trump. >> donald, you know, is great at one-liners. but he's a chaos candidate, and he'd be a chaos president. >> jeb doesn't really believe i'm unhinged. he said that very simply because he's failed in this campaign. it's been a total disaster.
nobody cares. >> this is a tough business. >> i know, you're a tough guy, jeb. >> and we need to have a leader. >> you're real tough. >> you're never going to be president of the united states by insulting your way to the presidency. >> let's see, i'm a 42, and you're at 3. >> doesn't matter. >> captain chaos was dom dell weez's alter ego in cannonball run. you all remember that anyway. bush came out with jabs thrown at him, but with a stalled campaign, he has little to lose. this morning, he seemed to relish the fact that he got under trump's skin. >> it was a commander in chief debate in many ways and i don't know if the front-running candidate fared that well in that kind of context. >> rand paul may have made a similar assessment about who to target after looking at his place in the race. he made it to the main debate stage barely. he tried to nail down trump's idea to close up parts of the internet. >> is donald trump a serious
candidate? the reason i ask this is, if you're going to close the internet, realize america what that entails. that entails getting rid of the first amendment. it's no small feat. do you believe in the constitution? are you going to change the constitution? >> so, they can kill us, but we can't kill them? that's what you're saying. and as far as the internet is concerned, i'm not talking about closing the internet. i'm talking about parts of syria, parts of iraq, where isis is. >> i think we all agree, we need a camera constantly. you should be able to dial in when you're watching a debate and only have a camera on trump to watch his facial expressions. >> in the week leaning up to the main event, cruz and trump seemed to lay the ground work for a grudge match, but the two shared a friendliness. trump called cruz a maniac as
recently as sunday. his assessment evolved 48 hours later. >> gotten to know him over the last three or four days. he has a wonderful temperament. he's just fine. don't worry about it. >> okay. [ laughter and applause ] >> as candidates who built momentum from washington, frustration, their case is strengthened by keeping their target on the establishment. right now, that means rubio. cruz aligned rubio with the status quo and with president obama and other democrats. >> one of the problems with marco's foreign policy, he's far too often supported hillary clinton and barack obama undermining governments in the middle east that have helped radical islamic terrorists. >> our own hallie jackson caught up with rubio today to hear how he feels about being considered the establishment front-runner. >> does it bother you when people say you're now the establishment candidate? does it bug you? >> no, if i was the establishment candidate, i would have raised more than $6 million in the last fund raising quarter.
>> while rubio shrugs off the establishment label, he got a taste of what being a front-runner feels like, as ted cruz challenged his voting record in what cruz now refers to as the rubio/schumer gang of 8 bill. >> some chose like senator rubio to stand with barack obama and chuck schumer and support a massive amnesty plan. >> i'm always puzzled by his attack on this issue. >> i understand marco wants to raise confusion. it's not accurate what he just said, that i supported legalization. indeed, i led the fight against his legalization and amnesty bill. >> well, on another part of that post debate interview with our own hallie jackson, rubio spoke about his immigration stance, defending his position on a path way to citizenship. >> i personally do not believe that it's good for america to have millions of people permanently living here who can never become americans, who want to be american but can't become
american. i recognize that my position is not a majority position in my party, maybe not a majority position in large parts of america, it may not be possible to do that. and we shouldn't let that stop us from doing the other things, no matter what. even if we never reach this debate about legalizing people here or green cards or anything else, we still have to do the border security part. no one should be against that. and the particulars hodemocratst of the debate hostage. >> hallie, does marco rubio really believe he won this debate too? they believe they won all the other ones. do they really believe that with this one? >> this idea of undefeated and 5 for 5, right? i think there's a sense among folks who watched the debate that rubio did well, but was a little bit on defense. he certainly saw the attacks coming at him. attacks that he seemed to be prepared for, given that ted cruz had telegraphed those hits on him, especially when it came to immigration, as you called
it, the rubio-schumer immigration bill. but i asked senator rubio about this today. do you have any regrets about supporting that gang of 8, that immigration bill, that comprehensive reform? he didn't seem to. he acknowledged that it was something that politically in this climate is not palatable to people today, not the right thing to do, to do it all in one big package. >> you've had a busy day, welcome to the last part of the campaign. >> all for you, chuck. >> exactly. good stuff. go get ready for "nightly news." we'll have much more on "mtp daily" right after this quick break.
♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? we heard you got a job as a developer!!!!! its official, i work for ge!! what? wow... yeah! okay... guys, i'll be writing a new language for machines so planes, trains, even hospitals can work better. oh! sorry, i was trying to put it away... got it on the cake. so you're going to work on a train?
not on a train...on "trains"! you're not gonna develop stuff anymore? no i am... do you know what ge is? (elephant noise) (mic screech) there's a big difference between making noise... (mic tap) ...and making sense.
(elephant noise) (donkey noise) when it comes to social security, we need more than lip service. our next president needs a real plan to keep social security strong. (elephant noise) hey candidates! enough talk. give us a plan. ono off-days, or downtime.ason.
opportunity is everything you make of it. this winter, take advantage of our season's best offers on the latest generation of cadillacs. the 2016 cadillac ats. get this low-mileage lease from around $269 per month, or purchase with 0% apr financing. republican presidential candidates are fast to say that president obama is not handling isis correctly. in fact, our latest nbc
news/"wall street journal" poll shows the american public tends to agree. but when it comes to proposals on how to combat isis effectively, republicans last night didn't seem to present any substantial differences from the current policy. marco rubio shares his thoughts on action against the terror group today. >> don't tell me we can't defeat this radical group of terrorists. we don't have to do it on our own. don't tell me the only choice is a massive invasion or nothing at all, because that isn't true. we will create a coalition in the middle east with sunni arabs and others to confront and defeat this radical threat of isis and other jihadist groups. >> as you probably know, the rhetoric has been the same on both sides of the aisle america has launched more attacks from the air. so are there real differences in the game plan, or is it all just differences in style and
rhetoric? joining me now, jeffery goldburg. last night i heard this idea that it has to be muslim forces on the ground. >> sure. >> needs to be air strikes, maybe some want to speed up the air strikes. but i didn't hear a lot of substantial, basically only lindsey graham is really proposing something different. >> to his credit. >> he's the one guy proposing something different. >> not maybe a great strategy if you don't want american boots on the ground. we saw that movie in iraq over the last several years, but at least he's proposing something radically different and owning it. the other guys are proposing to do things that president obama is doing. that's why i was a little bit flummoxed by this as well. >> the differences are gray areas. so it is -- >> there's gray area? >> where do you draw the line on assad, for instance? >> right.
>> do you focus on assad now or later? >> right. what happens in a campaign, i think, is that people present to the american public answers. this is a good way, this is a bad way. there are no good ways. there's only bad, less bad, catastrophically bad. these are the selections before you. and no candidate wants to say, this is going to be hard and we're probably not going to have a total victory over isis. i was surprised because i think they're asking for -- i don't know what they're asking for, a kind of rhetorical hotness that the president won't deliver. but when they suggest ideas, no-fly zones, sunni armies, these are all things that are being contemplated by the administration, being done to certain degrees. ben carson talked about modeling his policy on isis after the recent recapture of sinjar. which president organized the recapture of sinjar? it wasn't the fillmore administration, it was the obama administration.
so it's hard to figure out what's going on here except rhetoric and campaign promises. >> is that the opening president obama has left because he's been so reticent to talk about his strategy? >> right. what does bravado get you? and i think obviously one thing he learned from 2013 with the red line is don't make promises that you don't want to keep or can't keep or are not executable. so let's not -- and yet he's a very calm person, he doesn't like the chest-beating. these guys, they can draw angry pictures on the bombs that are falling and that makes you emotionally satisfied, but the bombs are being dropped by american planes, whether it's -- >> let me ask you the bigger question. is the strategy working? >> i think it's too early to tell. i think it is working. i think the american forces and their allies -- and one of the problems, by the way, just open
parenthetical. everyone knows they need a sunni army to defeat this. if rubio has a genius plan to recruit thousands of sunni arabs to do this, then go ahead and try, but it's not a new problem. it's a problem that obama faces that the world faces. there's no easy solution to that. >> and the next president -- >> is going to have to face it. is the strategy working? we're not winning, we're not losing anymore. every time -- >> wait a minute, we're not winning, but we're not losing. >> no, no, no. it feels stalematish to me at the moment, except that every day, and this is what the president doesn't brag about, but every day, or almost every day, isis leaders are being killed by american-led forces. and they are degrading isis' leadership capabilities, shrinking their territory. and so we are -- when you listen to the republican debate, it seems as if we haven't yet engaged isis. the obama administration has
engaged isis. >> good to see you sir. >> and you. coming up, we'll have much more on the debate, the strategy, what comes next, and did rubio have a good night or a bad night? trust me, it depends on whether you think about the general election or the primary. we'll talk about that after the break. when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess.
side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card. dave'morning double bogie. game, hey, three putt. and starting each day with a delicious bowl of heart healthy kellogg's raisin bran. how's your cereal? sweet! tastes like winning. how would you know what winning tastes like? dave loves the two scoops and that kellogg's raisin bran is one more step towards a healthy tomorrow. you eat slower than you play. you're in a hurry to lose, huh? oh, ok! invest in your heart health, with kellogg's raisin bran. no crying today...
a big vote of confidence today in the u.s. economy from the federal reserve. while the fed voted unanimously to raise interest rates by a quarter point. it's the first rate hike in nearly a decade. rates have been near zero since the financial crisis. and wall street reacted positively to this news. the dow closing up more than 200 points. janet yellen said it was a strong economy and a positive economic outlook that led to this decision. >> this action marks the end of an extraordinary seven-year period, during which the federal funds rate was held near zero,
it also recognizes the considerable progress that's been made toward restoring jobs, raising incomes, and easing the economic hardship of millions of americans. the economic recovery has clearly come a long way. although it's not yet complete. >> back in 2009, the u.s. unemployment rate hit a high of 10%. that number is now down to just 5. in 2009, we saw the stock market crater, the s&p bottomed out by over nearly 700 points. today, wall street has sky rocketed with the s&p trading at over 2,000. joining me now, the host of cnbc's mad money, jim cramer. >> how you been? >> i'm good. let's start with bare-bones facts for the non-cnbc viewer out there. what does this mean for mr. and mrs. consumer, who has a
mortgage at home, maybe not a 30-year fixed, but some sort of arm, savings, et cetera, what does this mean for them? >> you're probably in the next six weeks, your rates are going to go up, you will pay more per month. as soon as i saw this, i said i recognize i've got a variable incredibly low teaser rate, and i'm going to have to lock it in the next couple of months, because i can't afford to have this rate go up over and over again. but a year from now, you'll be paying a lot more than you are now. >> so even though this is a quarter point, barely not much at all, mortgage rates will just start going up indiscriminately. >> they raised the primary rate immediately. and i got to tell you, you have right to be strooutrageoused. your cds will go up less than the prime rate. i forgot what that was like.
you can bet they're going to take up your mortgage. if you have a 4 and change, i'm talking about it going to 5 and change. but for many americans, when it went from 5 and change to 4 and change, you refinanced. so expect the same level of angst that you had joy when they were going down. >> so how about this, in the '80s and '90s, interest rate movements were quite common. and then we went through this decade where basically we had near zero percent interest rates. what's more likely to happen in the next decade? that we go back to this sort of basis point between zero and 3, or back to the go-go days of the '80s and '90s, where it might get up over 5? >> no, i think it's going to be the former. there are structural changes in the u.s. economy and the world economy that the fed doesn't seem to want to grasp, or maybe they're keeping their eyes
closed to. i'm talking about an amazon world where we don't see a lot of inflation in what we buy in goods. a world we've globalized, where if our manufacturing gets too expensive, we move it to mexico, or northern china, not eastern southern china, because they're being paid too much. so we have fundamental forces that are against inflation. gasoline, everyone thought it would be back to 3, 4, that's not coming back, because we're glutted and that glut could last a long time. i don't expect anything like what we had in the '80s, or even in the '90s. it seems a little bit more like when eisenhower was president. >> so the global economy, i don't want to say it's inflation-proof, but there's a cap on it is what you're saying because we're so globalized? >> i think the global comment, plus our strong dollar. chuck, this is the time when you will see that if you go to europe, or if you go to latin america, you're going to be not a king, but you'll be impressed by how much purchasing power you
have. other countries are not as strong as ours. they're going to continue to debase their currency, hoping that we'll buy their cars or their goods, think the 17-1 peso ratio in mexico, which was 10-1 not that long ago. meaning you could go to mexico and buy a ton more stuff. the inflation is going to be very bad there and really low here. >> and the housing mark going to stall next year, because first-time home buyers are going to struggle, or will we see mortgage lenders get a little looser since they're having to get people into higher interest rate loans? >> i think it's going to be the latter. they've been tight, the fico scores have been very high. people can't live with their inlaws forever, chuck. got to take my word on that one. >> any other industry win, lose, draw? >> banks make a ton of money here and everybody hated the banks before, and you'll probably hate them more, because
they'll make more money off you. >> watch me first and then watch you at 6, go chip kelly and eagles. he's a big defender of chip kelly. still ahead, the panel weighs in on last night's republican debate. you're watching "mtp daily" and i swear the panel really is coming. i'm kidding. the only person i know that says that is... lisa? julie? we've already given more than 175 million free fico credit scores to our cardmembers. apply today at discover.com ♪ ♪ you may not even think about the energy
that lights up your world. but we do. we're exxonmobil. and the cleaner-burning natural gas we produce generates more of our electricity than ever before... ...helping dramatically reduce america's emissions. because turning on the lights, isn't as simple as just flipping a switch. energy lives here. still ahead on "mtp daily," the who, what, when, where, and why of today's tv headlines that had nothing to do with the debate.
we'll be right back. the possibility of a flare swas almost always on my mind. thinking about what to avoid, where to go... and how to deal with my uc. to me, that was normal. until i talked to my doctor. she told me that humira helps people like me get uc under control and keep it under control when certain medications haven't worked well enough. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections,
or have flu-like symptoms or sores. don't start humira if you have an infection. raise your expectations. ask your gastroenterologist about humira. with humira, control is possible. wow! this toilet paper rnew charmin ultra strong, dude. cleans so well it keeps your underwear cleaner. (secretly) so clean you could wear them a second day. tell me i did not just hear that! (sheepishly) i said you could not that you would! new charmin ultra strong with its washcloth-like texture,
helps clean better than the leading flat-textured bargain brand. it's 4 times stronger, and you can use up to 4 times less. it cleans better. you should try it, "skidz." we all go. why not enjoy the go with charmin? it's warren buffet. the big billionaire officially endorsed hillary clinton. she turned back the buffet rule that would require millionaires to pay a tax rate of 30%. now to the what. it's something you may have married during last night's debate. >> i think marco gets it wrong. >> are you going to change the constitution? >> social media went nuts with it. we know that the phantom could
have coffer was ben carson. the panda cub was unveiled to the world. this is cable tv. of course we're going to put on adorable baby panda pictures. now to the when. it's when ever it snows in washington, d.c. because when it does, kids can sled on capital hill. language in the big urges capitol police to allow sledding on the hill which was banned last year. now to the why. you can see the new star wars film in theaters tomorrow. 3:00 a.m. tonight. the craziness is everywhere. take a listen to this exchange in the house of common senses tuesday. >> the triumphant star wars began. continues to produce hit after the speech. >> he's banging on very
eloquently about star warwars, i want to here it. >> that was the parliament of the uk. up next, we're going to decode the debate. (donkey noise) (elephant noise) (mic screech) there's a big difference between making noise... (mic tap) ...and
making sense. (elephant noise) (donkey noise) when it comes to social security,
i'll let you get the first word. you're not a ted cruz fan. the you think he got the best of marco rubio in front of a republican primary audience on immigration? >> it depends what you think that primary audience is. if you think, as i do, there's still 60 to 70% of that primary audience is somewhat conservative or moderate, he did not help himself. all he did was reenforce his base which he has to share with donald trump. if you think that trump and cruz are remaking the republican party, he probably did well. he appealed to the anti-immigration and the neo isolationist stuff. is that going to work all the way through? i think when you get down to trump or cruz against probably rubio but maybe christi, that's when you're going really going
to have the contest. is the party reallygoing to go hard line. i think they're not. i think the rubio people, even though i think they fought to a draw last night, i think they felt like they got a lot of good material. >> you don't want to see rubio get to that nomination. >> he's in between a rock and a hard place. on immigration reform that will play well in the general election. he's run away from it because he's got to do well in iowa, south carolina and march first in the primary. now he's got ted cruz going after him on it. any time in a debate when ted cruz can engage marco rubio in a conversation on comprehensive emigration reform, ted cruz wins. >> you wrote a tough piece. you wrote the whole thing off as fear mongering.
>> it was. from somebody who didn't come into it with a political dog in the fight, you looked at it and realize they're stoking and exploiting my fears, reasonable fears for our security that we're going to get hit again. very less than reasonable fears about the other people who might live somewhere else. people who might look differently or a different faith than us. there's a lot of dog whistling in the debate yesterday. i found it disgusting. >> was lindsey graham the only optimistic candidate. >> yeah. >> why didn't somebody else do the line about muslims. >> you can't say something nice about muslims in the republican party. >> you're look at how donald trump said what he said and his numbers improved. his numbers have improved in polling. >> it's no excuse. >> i think it's cowardice. >> we needed more people doing what lindsey graham.
>> i agree. >> not everyone is donald trump or ted cruz. there were a lot of other people including jeb bush who perked up and fought back. >> he was alive. >> he has a pulse. including rubio who has not given up. he's not given up on legalization. you're going to have candidates that will appeal to that element. >> for a week, the entire republican party condemned donald trump, and last night you wouldn't have known it. >> you think it was poll driven. >> i think last week they thought it was going to be good. >> making a big mistake. >> i agree. they are reacting to the polls. i think that's a big mistake in
a general. >> you recognize he's a serious candidate. he could be the nominee. he's not a serious man. he's a bully. what is a bully? a walking menagerie of insecurities. you either punch him in the nose or mock him. that's what bush did. >> i have to make that the last word. thank you. we'll be back tomorrow with more mtp daily. right now, mistrial, breaking developments out of abandonment over the trial of the first of six officers charged in the freddie gray case ends in a hung jury. revealing secrets. the ted cruz campaign now fighting back after the chair of the senate intelligence committee questions whether